Mr Joyce, who was due to hand over to CFO Vanessa Hudson in November, will leave on Sept 6. Read more at straitstimes.com.
SYDNEY - Alan Joyce is stepping down early as head of Qantas Airways, an ignominious exit for one of aviation’s highest-profile leaders afterMr Joyce, who was due to hand over to chief financial officer Vanessa Hudson in November, will leave on Sept 6, Qantas said in a statement on Tuesday.
“In the last few weeks, the focus on Qantas and events of the past make it clear to me that the company needs to move ahead with its renewal as a priority,” Mr Joyce, 57, said in the statement. The Australian Competition & Consumer Commission on Aug 31 sued Qantas for allegedly continuing to take money from ticket sales on more than 8,000 cancelled flights between May and July 2022. According to the regulator, Qantas kept selling tickets for an average of more than two weeks, and sometimes longer than a month.
The allegations that Qantas sold bogus seats to passengers was ultimately too much for the airline to weather without some attempt to limit the damage. Mr Joyce, for years the public face of Qantas, was already under scrutiny for the airline’s levels of reliability and its retention of customers’ Covid-19 flight credits. Pressure built on Mr Joyce after he was grilled by a parliamentary committee last week over Qantas’s record profits during a cost-of-living crisis.
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